Huawei is a leading global information and communications technology (ICT) solutions provider, serving 45 of the world’s top 50 telecom operators. Through continuous customer-centric innovation, Huawei responds quickly to customers’ needs with a comprehensive, customized set of offerings. Huawei’s products and solutions are deployed in over 140 countries, supporting the communications needs of one-third of the world’s population. As of June 2011, Huawei has over 120,000 employees, 53,000 of whom are engaged in R&D. Huawei is privately held and is fully owned by its employees. Since 1997, Huawei has undertaken management transformation benchmarked against industry best practices, having worked with IBM, Hay Group, PricewaterhouseCoopers, Fraunhofer-Gesellschaft, and Accenture, in areas such as corporate management, human resources management, employee shareholding plans, financial management, and quality control. In the first half of 2011, Huawei recorded revenues of USD $15.2 billion, a year-on-year increase of 11%. Huawei’s financial report, audited annually by KPMG, is released every April and is available at: